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East Asia
Hyundai Motor Group to invest W3.6 trillion in US over 5 years
Hyundai Motor Group said it will invest a total of 3.6 trillion won ($3.1 billion) in the United States over the next five years, following a series of other global carmakers’ announcements of their future investment plans in the country amid a prevailing fear of President-elect Donald Trump’s threats of…
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East Asia
Economic Corridor proves ‘Game Changer’ for Pakistan
In April 2015, Chinese President Xi Jinping was in Islamabad, where he unveiled a $46 billion infrastructure spending blueprint for Pakistan under China Pakistan Economic Corridor (CPEC), to serve as a linchpin of Beijing’s drive to open new trade and transport routes across Asia and challenge the U.S. as the…
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Central Asia
Significant Relations between Kyrgyzstan and Iran
Iran and Kyrgyzstan have embarked on what international experts are calling a “new era” of bilateral relations. September 2015 marked the beginning of a strong friendship between the two nations when President Almazbek Atambayev of Kyrgyzstan paid the Islamic Republic of Iran an official visit. Experts add that this visit…
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East Asia
“Nobody ‘stealing’ your jobs, you spend too much on wars”
Chinese billionaire and Alibaba founder Jack Ma believes that improper distribution of funds and hyper inflated US military spending, not globalization or other countries “stealing” US jobs, is behind the economic decline in America. The Chinese business magnate earlier in January met with US President-elect Donald Trump, who has bemoaned…
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West Asia
Azerbaijan: Israel’s Shia and Secular Partner
The Caspian Basin has a great importance to be a home not only offshore hydro-carbon and gas researches but also conflict and proxy-military/diplomacy clashes. Caspian Basin and also Turkestan region, which cover whole territories from Chinese border through the Uzbek steps, were under control of Russian Imperial goals and continued…
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East Asia
How China will impact the world economy in 2017
To open up or to close? To advance or go back? The global economy is currently at the crossroads and it is in desperate need of sufficient courage, wisdom and responsibility from around the world to chart a clear direction and path for sustainable economic growth. The upcoming World Economic…
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Central Asia
Central Asia: 25 Years without Miracle
From September till December 2016 all five Central Asian countries- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan – have lived in the special historical atmosphere: one after another they have celebrated 25th anniversary of independence. A quarter of century passed since they gained independence after the collapse of the former Soviet…
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Central Asia
Turkey eyes trilateral format with Azerbaijan and Kazakhstan
Turkey is working to create an Azerbaijan-Turkey-Kazakhstan trilateral format, the Turkish Foreign Minister Mevlut Cavusoglu said. According to the minister, trilateral formats created by Turkey in the Caucasus and Balkan regions operate very efficiently, TRT Haber news channel reports. There are currently a number of trilateral formats, such as Azerbaijan-Georgia-Turkey,…
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Central Asia
Turkmenistan comments on limit of gas supplies to Iran
Turkmenistan’s authorities have made a decision to cut the deliveries of natural gas from the Central Asian country to Iran because of the National Iranian Gas Company’s (NIGC) debts, the Turkmen Foreign Ministry said in a statement. “Starting from 2013, the National Iranian Gas Company has not taken necessary steps…
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East Asia
Trump and Asia
Bernard Rowan – The Korea Times I didn’t think Trump had a chance. His campaign rhetoric didn’t reveal much knowledge of global affairs. Beyond the pedestrian, it showed a demagogue hell-bent on thumping illegal immigrants and socking it to convenient enemies. However, Trump did win, and he’ll soon raise the…
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